Buying A Home is a HUGE INVESTMENT...

By
Real Estate Broker/Owner with IL Real Estate Specialists
http://activerain.com/droplet/4XQ2

Buying a Home is a HUGE INVESTMENT and so its important to understand the Cost of Home Ownership.

Some of these costs are obvious like Real Estate Taxes, Insurance, Utilities, a Mortgage while others are not so obvious. These other costs are considered Hidden Costs.  When Buying a Home plan for the unexpected and put money aside for contingencies you might not be aware of like a new roof, new hot water heater or air conditioner just to name a few.

The bottom line is home ownership is a responsibility and this responsibility can cost you dearly if you are not prepared. That's why the saying "Caveat Emptor" or " Buyer Beware" is so important.  

We all make mistakes in life but buying a home should not be one of them.

Posted by

 

Jack Lewitz Broker Owner

http://www.ilrealestatespecialists.com

 Email Jack Today: jacklewitz@sbcglobal.net

 Call Jack Today ! Cell: 708-309-5334 Office: 847-674-6710

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Topic:
Home Buying
Location:
Illinois Cook County Evanston
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Realtors®
Chicago And Illinois - A great Place to Live
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